About Liv-Ex

Background

The London International Vintners Exchange (Liv-ex) is the leading exchange for fine wine. Founded in 1999, Liv-ex runs an internet and phone based information, trading and settlement platform for fine wine merchants. We also provide valuation services and sell data to both professional traders and wine collectors. Our subsidiary Vine International also provides a specialist consolidation, storage and freight forwarding service for importers and exporters of fine wine.

 

Trading On Liv-ex

The Liv-ex membership has expanded rapidly to include the world's major trade buyers and sellers, including merchants, brokers, retailers, importers, exporters and wine funds.

The exchange is regulated by the membership committee, which is made up of elected members of the trade and Liv-ex management. The committee sets and polices the exchange's rules. Every trade on liv-ex is governed by a pre-agreed trading contract and buyers are underwritten by credit insurance.

The bulk of Liv-ex transactions are in the best French labels from Bordeaux, Burgundy, Champagne and the Rhone, but not exclusively so. The best names from Italy, Germany, Spain, Portugal and the New World are also traded. Join Liv-ex.

Trading membership is restricted to fine wine professionals only, but Liv-ex also provides price data and impartial market information to enthusiasts, collectors and the media. View Collector Packages.

 

How does it Work?

The Liv-ex platform performs three roles:

• Search for prices and trading opportunities
• - Query our huge database to check market prices and availabilities
• Price Discovery  
• - Call us or use our Internet based exchange or aucion platform to trade
• Anonymous Settlement
• - Stock and money is cleared under the terms of the Liv-ex contract
• - Please find a brief summary of our trading terms below or view our Terms and Conditions

 

Standard Contract Terms

• All wines priced under bond in London in GBP
• Delivery within 14 days (en primeur, by May in the second year following vintage)
• Stock in original packaging and in good condition (Re-imports from US or Asia must be sold as special contracts see below)
• Payment 14 days from month of receipt
• Credit subject to insured limit

 

Special Contract Terms

• Allows the user the flexibility to tailor their own contract if it does not comply with standard contract terms. eg to extend delivery or payment terms or to alert buyer of condition issues which may affect the value of the wine.

 

Prices and Market Information

Liv-ex is the leading provider of independent fine wine market price data. Liv-ex has more than 3 million lines of current and historic data, which has been processed into a standard format to allow for:

• Value added queries to search market availability, export data and view charts.
• Bespoke valuations of stock, cellars customer reserves and wine funds. Find out more about Liv-ex's valuation services.
• Detailed market analysis, which is published in daily and monthly market reports to users.
• Scientific construction of price indices to meausre the performance of fine wines, inlcluding the industry's benchmark fine wine index, the Liv-ex 100.

 

The Proposition

To find out more about what Liv-ex can offer, please select one of the following:

• Join Liv-ex as a Trading Member.
• For consolidation, storage and freight forwarding services see Vine International.
• View our Packages for Collectors and Enthusiasts.